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Texas Manufacturer Realizes 50% Reduction in Inventory Levels - MISys Manufacturing Industrial IoT Case Study
Texas Manufacturer Realizes 50% Reduction in Inventory Levels
There was no inventory management system in place at the company. The values and quantities of inventory were not remotely accurate, no item numbers existed, purchasing used multiple spreadsheets to determine if there was enough inventory on hand for the production schedule, inventory costs were not accurate and not up to date, and unable to price jobs accurately because of lack of true costing of the inventory. 
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